Many people go through life thinking that they could never buy a home. Maybe they think they can’t afford it, or they think that their credit isn’t good enough. Perhaps the whole process of buying a home is just so daunting and complicated that they won’t even allow themselves to daydream about home ownership.
Don’t let these unknowns deter you. Research and diligence can unlock the mysteries of the process and enable you to buy your first home without feeling too lost or overwhelmed. Plenty of resources exist to explain the process. This tutorial is a great start. We’ll take you through everything from the simple stuff, like finding a place that you like, to the complicated stuff, like applying for a loan.
From this chronological, step-by-step explanation of the home-buying process, you will learn everything you should be thinking about and doing at each point of the process. Sure, the process may still be difficult, stressful and draining at times, but at least you’ll know what to expect and understand what’s happening at every point along the way. You don’t have to rent forever if you don’t want to. (For resources on deciding if you’re ready to be a homeowner, see To Rent or Buy? The Financial Issues and To Rent or Buy? There’s More to It Than Money.)
Buying a Home: Choosing Your Location
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Investing
Homebuyers' Walkthrough
Everything you need to know about purchasing a home. -
Investing
Renting Versus Owning: Benefits and Drawbacks
Consider these factors when deciding whether to buy or rent a home. -
Investing
Is Owning a Home Right for You?
Read these answers to common questions asked by homebuyers before you decide to purchase a home. -
Personal Finance
Buy or Keep Renting: What's the Best Choice?
Here's how to determine whether renting or buying a home is best for you. -
Investing
Should You Buy a House or Rent?
A number of factors need to be considered to decide if it’s the right time to buy a home. -
Investing
Top tips for first-time home buyers
Are you deciding on buying your first home? Follow this step-by-step guide to make your homeownership dreams a reality. -
Investing
5 Real Estate Fears That Keep You From Buying
Don't let these concerns stop you from owning your own home. Learn how to overcome common home-buying fears and feel confident in signing your mortgage. -
Investing
To Rent Or To Buy? The Financial Issues
Thinking of buying a home? There are several things you should consider before purchasing a home. For example, look at the initial and ongoing costs, as well as the putative benefits.